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China treats both Chinese and foreign companies in its territory equally and will increase the protection of intellectual property rights, Li said.

China should continue to implement the strategy of innovation-driven development, improve the environment for entrepreneurship and innovation and upgrade the manufacturing and service sectors, Li said.

China removed the quota limits on QFII and RQFII in September, as part of the country's breakthroughs in capital market opening-up last year.

China welcomes foreign capital in its plan to build semiconductor strength, the top industry regulator said on Wednesday, as Beijing speeds up Chinese chip development to achieve core technological breakthroughs.

China takes an open attitude towards the participation of telecommunications companies in all countries, including European companies such as Nokia and Ericsson, regarding 5G cooperation in the Chinese market, Foreign Ministry spokesman Wang Wenbin said on Tuesday, adding that the above-mentioned companies have already won bids on some Chinese projects.